earnings
confidence high
sentiment negative
materiality 0.65
Kestrel Group Q1 2026 net loss $7.0M; program services fee revenue up 287% YoY
Kestrel Group Ltd
2026-Q1 EPS reported
-$0.96
revenue$10,193,000
- Net loss from continuing ops $7.0M ($0.90/share); total revenues $10.2M.
- Program Services fee revenue $3.1M (+287% YoY); premiums produced $94.2M (+304% YoY).
- Legacy Reinsurance underwriting loss $3.3M, including $2.4M from AmTrust run-off.
- Book value per share fell to $15.52 from $16.57 at Dec 31, 2025.
- G&A expenses $11.7M include $3.0M non-recurring annual items; NOL carryforwards $476.3M.
item 2.02item 9.01